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Sunday, March 30, 2014

Report Shows High Return On Investment For Colleges

You often hear people say education is the key to success, and a recent study is backing up that statement. 

The report analyzing data from four Atlantic Canadian community colleges revealing for every dollar a student puts into college, they get four dollars back in higher future earnings. 

New Brunswick Community College President Marilyn Luscombe tells CHSJ News they looked at the impact of student productivity including how much savings are generated. 

She says there's a strong correlation between having a post-secondary education and the reduction in social spending on health care, the criminal justice system and income assistance.

The study also showing Atlantic colleges inject about $4.7-billion of income into the economy every year. Click here to see the full report, released by the Atlantic Provinces Community College Consortium.